Trading Strategy for AUD/NZD on M15 Timeframe Today, I am focusing on the AUD/NZD currency pair on the M15 timeframe, concentrating my strategy around the prevailing bearish trend. My plan is to primarily take short positions, utilizing limit orders...
USD/CHF is trading near 0.7960 during Friday’s session, climbing to a two‑month high as the US dollar extends its rally. On the 1‑hour chart, the 200‑period Simple Moving Average (SMA) sits at 0.7900, while the 50‑period SMA is positioned at 0.7930....
USDJPY Forecast: Following yesterday mornings analysis, you may have time to review the dollar-yen currency pairs current status. Technically, in the first hours of trading in the new week, the situation is still the same as it was last weekend. As...
Based on the provided hourly USD-JPY data, the price action reveals a tight and well-defined consolidation range with a slight upward bias. The market has been oscillating between 158.000 and 158.500 over the past several sessions, with the current...
At the H4 time frame, EUR/CAD is presently trading at 1.5952 degrees, in which price movement is transferring within a described consolidation range after a previous upward motion. As opposed to maintaining a strong bullish continuation, the pair...